Ferrovial SE (NASDAQ:FER) Given Consensus Rating of “Hold” by Analysts

Shares of Ferrovial SE (NASDAQ:FER) have been given an average recommendation of “Hold” by the five research firms that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

A number of equities research analysts recently issued reports on FER shares. BNP Paribas raised shares of Ferrovial from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 24th. Morgan Stanley restated an “overweight” rating on shares of Ferrovial in a research report on Wednesday, June 25th. BNP Paribas Exane upgraded Ferrovial from an “underperform” rating to a “neutral” rating in a research report on Tuesday, June 24th. Finally, Wall Street Zen lowered Ferrovial from a “buy” rating to a “hold” rating in a research report on Friday, June 6th.

Institutional Trading of Ferrovial

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank acquired a new stake in Ferrovial in the fourth quarter valued at approximately $440,665,000. Banco Santander S.A. purchased a new stake in Ferrovial in the 4th quarter worth $310,316,000. FMR LLC raised its position in Ferrovial by 4,066.5% during the fourth quarter. FMR LLC now owns 6,171,067 shares of the company’s stock worth $259,527,000 after acquiring an additional 6,022,956 shares during the period. Amundi raised its position in Ferrovial by 43.9% during the first quarter. Amundi now owns 17,636,889 shares of the company’s stock worth $808,475,000 after acquiring an additional 5,376,610 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Ferrovial by 30.2% during the fourth quarter. Bank of America Corp DE now owns 15,783,345 shares of the company’s stock valued at $663,374,000 after purchasing an additional 3,657,704 shares in the last quarter. 22.28% of the stock is owned by institutional investors and hedge funds.

Ferrovial Stock Up 0.6%

NASDAQ:FER opened at $53.57 on Thursday. Ferrovial has a 1 year low of $37.93 and a 1 year high of $56.43. The stock’s 50 day simple moving average is $50.64 and its two-hundred day simple moving average is $45.97.

Ferrovial Increases Dividend

The firm also recently disclosed a — dividend, which was paid on Wednesday, June 25th. Stockholders of record on Friday, May 23rd were issued a $0.3029 dividend. This is an increase from Ferrovial’s previous — dividend of $0.04. The ex-dividend date was Friday, May 23rd.

Ferrovial Company Profile

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.